LOTTE CHEMICAL TITAN

Senior Management

Lifetime Value Creator

Senior Management Team of LOTTE CHEMICAL TITAN

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Mr Lee Dong Woo is our Non-Independent Executive Director and our President & Chief Executive Officer. He was appointed to the Board and assumed the role of President & Chief Executive Officer on 3 March 2017.

e obtained his Chemical Engineering Degree from Seoul National University, Korea in 1989. He later obtained his Masters in Chemical Engineering from Korea Advanced Institute of Science and Technology, Korea in 1998 and his Doctorate in Polymer Engineering from Chungnam National University, Korea in 2013.

Mr Lee began his career in 1989 as a researcher in the Manufacturing Research Office with Honam Petrochemical Corp. (now known as Lotte Chemical Corporation) ("LCC"). Throughout his tenure with LCC, he was responsible for heading many research teams exploring new inventions relating to polymer technology and he also held key positions on new business teams. He was part of the 1st Research Team for Research and Business Development of polypropylene, polyethylene, polyethylene terephthalate and compounds. He was also a member of the Business Development Team for the merger and acquisition of Hyundai Petrochemical Corporation involving LG Chem Ltd and Honam Petrochemical Corp. between 2002 and 2005.

He was promoted to General Manager for Research & Business Development and Technical Service for polypropylene and PE from 2005 to 2008. From 2008 to 2011, he was General Manager of the 3rd Research Team for Research & Business Development and Technical Service for Performance Materials. He was also a member of the team that was involved in the acquisition of Sambark LFT in July 2009 which is now one of LCC's subsidiaries which produces and distributes various chemical products. In 2011, he was promoted as R&D Director for Research & Business Development and Technical Service for Polymer and Catalyst. He was Head of Lotte Chemical R&D Centre from 2012 until 2017 as well as Head of Water Treatment-Business Division from 2015 until 2017.

Mr Lee has over 28 years of experience in the petrochemical industry.